LICNAMC - LICNFESGP ETF

About LIC BSE Sensex ETF

• LIC BSE Sensex ETF is an open-ended value-oriented equity scheme that belongs to LIC Mutual Fund House.
• LIC BSE Sensex ETF comprises the top 30 companies listed on BSE in large-cap stocks, which are typically considered stable and less volatile.
• LIC BSE Sensex ETF was launched on November 30, 2015.
• Sumit Bhatnagar is the fund manager of LIC BSE Sensex ETF.
• The assets under management (AUM) stood at ₹818.77 crore as of June 30, 2024.
• LIC BSE Sensex ETF is traded on both exchanges, which enables investors to trade at market price during each session.
• The ETF units can be bought and sold through a demat account with a registered broker.

Investment Objective & Benchmark

• The fund's investment objective is to offer returns closely corresponding to the performance of the securities as represented by the underlying index, subject to tracking errors.
• LIC BSE Sensex ETF offers a diversified portfolio of the top Indian companies across various sectors.
• It is benchmarked against the BSE Sensex Total Return Index.
• The objective of the ETF is to provide exposure to the value factor, with the index consisting of the 30 most liquid value blue chip companies listed on BSE.
• The fund is ideal for those investors who want to participate in India's growth story by passively investing in a diversified portfolio of reputed companies.
• The fund predominantly invest in big companies based on market capitalisation, offering more stable prospects.
• The diversification of the funds limits investors’ exposure to sectoral risk.
• It is a cost-effective alternative to invest in multiple sectors without having to buy individual stocks.
• The LIC MF BSE Sensex ETF is a very risky investment instrument suitable for those with a time horizon of 3 years and above.

Asset Allocation & Portfolio Composition

• The asset allocation of the fund comprises around 99.47% in equities and 0.53% in cash & cash equivalents.
• The scheme predominately invests in giant and large companies, allocating nearly 90 of the available assets.
• The top 10 holdings companies of the ETF make up over 66% of the asset allocation.

The top 10 Holdings in stocks of LIC MF BSE Sensex ETF include:

• HDFC Bank: 13.96%
• Reliance Industry: 11.67%%
• ICICI Bank: 9.29%
• Infosys: 6.23%
• Laser & turbo: 4.57%
• TCS: 4.36%
• ITC: 4.32%
• Bharti Airtel: 4.24%
• Axis Bank: 3.93%
• SBI: 3.59%

Sector-wise allocation in this fund;

• Banks: 34.76%
• IT-Software: 13.28%
• Petroleum Products: 11.67%
• Diversified FMGC: 6.76%
• Automobiles: 6.46%
• Construction: 4.57%
• Telecom services: 4.24%
• Power: 3.63%
• Finance: 3.02%
• Consumer Durables: 3.02%
• Ferrous Metals: 2.57%
• Pharmaceuticals: 1.81%
• Cement & Cement Production: 1.48%
• Transport Infrastructure: 1.19%

LIC BSE Sensex ETF has given a return of 23.6% in the last year as of June 30, 2024, against the benchmark index’s earnings of 23.77 %.

Since its inception, this ETF has given returns of 15.09%.